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UP Regulator Imposes Rs 2 Lakh Penalty on Dwarikesh Sugar Post Incident


Updated: July 09, 2025 17:24

Image Source: Equity Bulls
Dwarikesh Sugar Industries Ltd has been held liable under the Uttar Pradesh Factories Rules following a tragic accident at one of its manufacturing units, resulting in the death of a head fitter. Regulatory authorities have imposed a penalty of Rs 2 lakh and initiated compounding proceedings under the Factories Act.
 
Key Developments:
  • The fatal incident occurred during routine operations, prompting an immediate investigation by state factory inspectors.
  • Authorities cited procedural lapses in workplace safety protocols, leading to the company’s formal liability under applicable rules.
Company Response:
  • Dwarikesh Sugar has acknowledged the incident and is cooperating with regulators to resolve the matter.
  • The company is expected to undertake a comprehensive safety audit and reinforce internal compliance mechanisms across its facilities.
Outlook:
While operations remain unaffected, the development underscores the importance of industrial safety and regulatory vigilance.
 
Sources: Rediff MoneyWiz, Economic Times, BSE India.

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